Simple Methods To Get Yourself Realty Your buyer's agent should be well versed in many areas and be able to guide you on things such as local schools, shopping and commute times. They should create a home search that incorporates other things like bedrooms, baths, garages and year built. Being too specific may shortchange your search, so be a bit flexible until you get a better idea of what your realty market has to offer. Keep in mind that every property is unique, and until you visit them in person, you won't know if its a good fit or not. The real estate agent you hire is there to help guide you through the communities and houses, both new and resale. Relying on your Realtor for insight on the various areas is what a smart home buyer should be doing. So, now that you are buying a home, remember that before you hire an inspector to ask if they are licensed and what exactly will you be getting with the home inspection. Ask questions to see if your inspector is going to provide a written report that includes pictures of any items in need of repair. It's not about the money, it's the quality and knowledge of the services they provide. The inspector's job is to give you all the information about the home you are buying-good and bad. Most home inspectors have a 48 hour turnaround on their reports, complete with pictures and full explainations.Make sure the home inspector your hiring does as well. As for how much closing costs run and who pays them, the bottom line here, is that it's negotiable. Usually you can negotiate about 3% from the seller to pay closing costs on behalf of you, the buyer. This will depend on what the seller is willing to do and if your lender will allow it. Closing costs for the buyer accumulate from lender orination fees, attorney fees, inspections fees as well as other lingering fees that will make your transaction come to its full conclusion. For a buyer, closing costs can range anywhere from three to five percent of the purchase price of the home. That being said, you will still need money for your downpayment. Flexibility is attractive. If the seller needs to push back the closing date or can not have the house cleared out until a certain set date, flexibility is always a trait in the bidding process and may help you gain the acceptance of the seller. You may also want to consider not using buyer assistance programs as sellers and listing agents are passing over these offers for less complicated ones. Follow your real estate agent's lead when it comes to negotiations. They do this for a living and it becomes a game of chess to them. Your opinions still matter, but their insight and negotiating skills are what they get paid for at this step of the game. Negotiations can go on for days or wrap up quickly. Once wrapped up, your offer is now called a contract. Pay strict attention to your dates as those can make or break a contract. If
the dates end up too tight, you can always ask the seller to let you extend them. Make sure everything is placed in writing.
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